Announced Thu, 2 Jul · 18:35 IST
3B Films board approves Rs 100 cr Rights Issue, hikes authorised capital
Board & Shareholder Meetings View source PDF
Price
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Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
The board of 3B Films has approved a Rights Issue of equity shares for up to Rs 10,000 lakhs (Rs 100 crore). It also raised authorised share capital from Rs 52 crore to Rs 125 crore, subject to shareholder nod. The 12th AGM is scheduled for August 8, 2026. Record date, issue price and entitlement ratio are yet to be finalised. A Rights Issue Committee has been formed to oversee the process.
Likely market impact
Possible equity dilution via Rights Issue. The up to Rs 100 crore capital raise hints at expansion plans. Watch for record date and price details.